In the latest quarter, 21 analysts provided ratings for Broadcom AVGO, showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 11 | 10 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 0 | 0 | 0 |
| 2M Ago | 10 | 7 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Broadcom and provided 12-month price targets. The average target is $237.05, accompanied by a high estimate of $265.00 and a low estimate of $200.00. This current average reflects an increase of 14.86% from the previous average price target of $206.38.
Analyzing Analyst Ratings: A Detailed Breakdown
The analysis of recent analyst actions sheds light on the perception of Broadcom by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Tom O'Malley | Barclays | Raises | Overweight | $260.00 | $205.00 |
| Vijay Rakesh | Mizuho | Raises | Outperform | $260.00 | $245.00 |
| Joseph Moore | Morgan Stanley | Raises | Overweight | $265.00 | $233.00 |
| Tom O'Malley | Barclays | Raises | Overweight | $205.00 | $200.00 |
| Harlan Sur | JP Morgan | Raises | Overweight | $250.00 | $210.00 |
| Blayne Curtis | Jefferies | Adjusts | Buy | $225.00 | $205.00 |
| Cody Acree | Benchmark | Raises | Buy | $255.00 | $210.00 |
| Joseph Moore | Morgan Stanley | Raises | Overweight | $233.00 | $180.00 |
| Matthew Ramsay | TD Cowen | Raises | Buy | $240.00 | $210.00 |
| Christopher Danely | Citigroup | Raises | Buy | $220.00 | $205.00 |
| William Stein | Truist Securities | Raises | Buy | $245.00 | $205.00 |
| Hans Mosesmann | Rosenblatt | Raises | Buy | $250.00 | $240.00 |
| Vivek Arya | B of A Securities | Raises | Buy | $250.00 | $215.00 |
| Christopher Rolland | Susquehanna | Raises | Positive | $225.00 | $200.00 |
| Mark Lipacis | Evercore ISI Group | Raises | Outperform | $250.00 | $201.00 |
| Tristan Gerra | Baird | Raises | Outperform | $210.00 | $195.00 |
| Harsh Kumar | Piper Sandler | Raises | Overweight | $250.00 | $200.00 |
| Ross Seymore | Deutsche Bank | Raises | Buy | $240.00 | $190.00 |
| Hans Mosesmann | Rosenblatt | Maintains | Buy | $240.00 | $240.00 |
| Christopher Danely | Citigroup | Raises | Buy | $205.00 | $175.00 |
| Timothy Arcuri | UBS | Raises | Buy | $200.00 | $170.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Broadcom. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Broadcom compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Broadcom's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Broadcom's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Broadcom analyst ratings.
Delving into Broadcom's Background
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
Breaking Down Broadcom's Financial Performance
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Broadcom showcased positive performance, achieving a revenue growth rate of 51.2% as of 31 October, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Broadcom's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 30.77% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Broadcom's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.49% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Broadcom's ROA excels beyond industry benchmarks, reaching 2.59%. This signifies efficient management of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.0, caution is advised due to increased financial risk.
Analyst Ratings: Simplified
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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